DOF Group has agreed to sell four platform supply vessels (PSVs), acquire two construction support vessels (CSVs) under construction and declare a constructive total…
DOF Group has agreed to sell four platform supply vessels (PSVs), acquire two construction support vessels (CSVs) under construction and declare a constructive total loss on the anchor handling tug supply (AHTS) vessel Skandi Amazonas, as the company continues to optimize and modernize its fleet.
The company said it will sell the Skandi Mongstad, Skandi Flora, Skandi Feistein and Skandi Kvitsøy, with deliveries expected during the third quarter of 2026.
The vessels will remain on their current contracts, while DOF will retain vessel management responsibilities and a minority ownership stake in the acquiring entity. The transaction is expected to generate about $50 million in net cash proceeds after debt repayment.
Separately, DOF has agreed to acquire two CSVs from a company affiliated with Geveran Trading Company.
The vessels, based on the SALT 310 OCV design and under construction at PaxOcean in China, will each be equipped with a 250-tonne subsea crane, two work-class remotely operated vehicles, 1,750 square meters of deck space and accommodation for 123 personnel.
The vessels are scheduled for delivery in the fourth quarter of 2027 and the first quarter of 2028 and will be deployed across DOF's global subsea operations, supporting inspection, maintenance and repair, field support
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